Categories: Stock Market NewsThe Alpha Investor Letter Hotlines

Resetting Your Stops

The election of Donald Trump as president of the United States rocked both the political and financial world.

But the negative effect on global financial markets proved to be much milder than the short-lived sell-off caused by the surprise Brexit vote in the United Kingdom on June 23.

After Brexit, it took the stock market several weeks to recover strongly over the following days and weeks. After Trump’s election, the stock market recovered even before it opened the next day in the United States.

I had advised you to suspend your stop prices in my Nov. 9 special alert. In light of the market’s surprisingly favorable reaction, I am recommending that you restore these original stop prices.

Sincerely,

Nicholas A. Vardy

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.